The journal - Too good to fail

This new article discusses how financial institutions can re-engineer their risk management capabilities to make them a more active contributor to business decisions and a valuable source of strategic insight and competitive advantage. With regulators focused on efforts to manage Too Big To Fail, they are raising the bar on management, particularly on governance, risk management, and key control functions - those that focus on to Too Good To Fail will be well positioned with regulators.
As we outline in this article, turning risk management into a key source of competitive advantage is likely to require a major overhaul of how risk management is organized, perceived and works with the business. There is no one-size-fits-all solution as each business has different characteristics and objectives. However, it is important to
make sure that the way risk is managed and governed is tailored to, and aligned with, the business model.